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    • PM Angry At Euro Summit's Failure To Agree Sky News - 3 minutes 33 seconds ago

      A summit of European leaders has ended without clear agreement on how best to restore confidence in the euro, despite pleas from the British PM to get a grip on the crisis.The informal dinner stretched ...

    • Hunt Under Fresh Pressure Over BSkyB Bid Sky News - 3 minutes 36 seconds ago
      Hunt Aware Of BSkyB Contact, Says Lobbyist

      Downing Street is facing fresh questions over the decision to appoint Culture Secretary Jeremy Hunt to oversee the controversial bid for BSkyB by Rupert Murdoch's News Corporation.It comes after the Leveson ...

    • Clegg: Euro Break-Up Would Harm Britain Sky News - 1 hour 53 minutes ago
      Clegg: Euro Break-Up Would Harm Britain

      Deputy prime minister Nick Clegg has issued a fresh warning about the drastic consequences of Greece leaving the euro for Britain and slammed the "piecemeal" response of EU leaders to the crisis.On ...

    • US Congress To Review Facebook IPO Sky News - 4 hours ago
      US Congress To Review Facebook IPO

      The US Congress has entered the investigation into the issues surrounding Facebook's listing, less than a week since the company's debut on the stock market.Both houses of Congress - the Senate and the ...

    • A woman has alleged that a man who stole her smartphone gave his own game away after he accidentally shared photos with her that he had taken after the crime.Katy McCaffrey says she had her iPhone stolen ...

    • Banks 'Should Charge For Current Accounts'

      High street banks will need to start charging for current accounts to prevent mis-selling scandals, a senior policymaker has advised.Andrew Bailey, the executive director of the Bank of England and whose ...

    • UK Double-Dip Recession Deeper Than Feared

      The UK double-dip recession is deeper than originally thought after revised figures showed a sharper decline in economic output during the first quarter of the year.The Office for National Statistics (ONS) ...

    • Ailing Retailer Mothercare Reports £103m Loss

      Mothercare has reported a £102.9m loss in a tumultuous year which saw many of its UK stores face closure, its share price plummet and its chief executive replaced.Although underlying profit came in at ...

    • The Co-Operative is to create 3,000 new UK jobs in the legal sector as part of an expansion of its services.The group announced that the jobs will be based at Co-operative Legal Services, which it said ...

    • HP Warns Of British Cuts As 27,000 Jobs Go

      Hewlett Packard has warned of cuts in its UK operation in a global purge that will see it axe 27,000 workers.The US technology company plans to make the cuts, which amount to 8% of its global workforce ...

    • Tax Crackdown 'Held Back By Job Cuts'

      A staggering £1.1bn of unpaid tax could have been collected if jobs were not cut at HM Revenue and Customs (HMRC), according to a public spending watchdog.The influential public accounts committee praised ...

    • Supermarkets 'Using Dodgy Pricing Tactics'

      Shoppers are being duped into thinking they are getting great offers from the major supermarkets when in fact many of the deals fail to deliver.The discovery has been made by the consumer watchdog Which? ...

    • Drug Companies Unite In Battle Against Bugs

      Britain's two biggest drug companies have set aside their normally fierce rivalry to speed up the hunt for more powerful antibiotics.GlaxoSmithKline (GSK) and AstraZeneca are to share information in an ...

    • Australian mining magnate Gina Rinehart has become the world's richest woman, and earns more than £1m an hour.According to Australian business magazine BRW, Ms Rinehart's personal wealth swelled last year ...

    • Supermarkets 'Using Dodgy Pricing Tactics'

      Shoppers are being duped into thinking they are getting great offers from the major supermarkets when in fact many of the deals fail to deliver.The discovery has been made by the consumer watchdog Which? ...

    • A summit of European leaders has ended without clear agreement on how best to restore confidence in the euro, despite pleas from the British PM to get a grip on the crisis.The informal dinner stretched ...

    • Eurozone Talks Rumble On Into The Night

      Europe's leaders have been under mounting pressure as talks in Brussels stretched into the night on the eurozone crisis.The summit was due to end in the evening but leaders have only just held their closing ...

    • Analysis: Germany Dodges Euro 'Silver Bullet'

      With increasing pressure on Angela Merkel to do something (anything?) to try to resolve the euro crisis, the big topic of discussion is, once again, eurobonds.In Brussels, Ms Merkel is looking increasingly ...

    • Facebook Founder And Banks Sued Over Float Sky News - Wed, May 23, 2012 20:30 BST
      US Congress To Review Facebook IPO

      Facebook has said it will defend itself "vigorously" against claims it hid the its weakened growth forecasts ahead of its $16bn (£10bn) initial public offering (IPO).A group of disgruntled shareholders ...

    • Burberry Profits Up 26% On Asia Growth Sky News - Wed, May 23, 2012 17:17 BST
      Burberry Profits Up 26% On Asia Growth

      Annual net profits for luxury clothing company Burberry have jumped by more than a quarter, boosted once again by surging demand in Asia.Earnings after taxation rose by 26% to £263m in the 12 months to ...

    • BAE Lands £1.6bn Saudi Arabian Jet Deal Sky News - Wed, May 23, 2012 16:21 BST
      BAE Lands £1.6bn Saudi Arabian Jet Deal

      British defence company BAE Systems has confirmed it has won a £1.6bn deal to provide military trainer jets to Saudi Arabia.It said the deal is based around the supply of 55 Swiss-built Pilatus PC-21 aircraft ...

    • No 10 Adviser Attacks 'Socialist' Vince Cable Sky News - Wed, May 23, 2012 11:12 BST
      No 10 Adviser Attacks 'Socialist' Vince Cable

      A Downing Street adviser has called Business Secretary Vince Cable a "socialist" who "appears to do very little to support business".Venture capitalist Adrian Beecroft, who wrote a ...

    • Scotty's Ashes On First Private Space Launch Sky News - Wed, May 23, 2012 10:29 BST
      Scotty's Ashes On First Private Space Launch

      US company SpaceX has become the first commercial organisation to send its own spacecraft toward the International Space Station with the launch of the cargo-bearing Dragon capsule.On board the flight ...

    • Nationwide Gives Boost To Home Loans By 44% Sky News - Wed, May 23, 2012 10:25 BST
      Nationwide Gives Boost To Home Loans By 44%

      The Nationwide Building Society has increased home loans by 44%, boosting the number of mortgages provided to first-time buyers.Gross residential mortgage lending rose to £18.4bn in the year to April 4 ...

    • IMF Gives Stark Warning To UK Over Eurozone Sky News - Wed, May 23, 2012 07:59 BST
      IMF Gives Stark Warning To UK Over Eurozone

      Britain may have to cut interest rates and VAT to stimulate the economy amid the eurozone crisis, the International Monetary Fund has warned.But the IMF backed the UK's deficit reduction plan, saying "substantial ...

    • Greece Looks To Boost Economy With Tourism Sky News - Wed, May 23, 2012 07:22 BST
      Greece Looks To Boost Economy With Tourism

      With their country ravaged by the effects of a crippling austerity drive, Greeks are keen to maintain their historically strong tourism industry.In a bar in Corfu the owner jokes with British tourists ...

    • Hollande To Take Stand On Eurozone Austerity Sky News - Wed, May 23, 2012 02:05 BST
      Eurozone Talks Rumble On Into The Night

      The new French president is expected to flex his political muscles at a meeting of European leaders later, as he pushes back against austerity in the eurozone.Francois Hollande will propose a series of ...

    • Greece Looks To Boost Economy With Tourism Sky News - Wed, May 23, 2012 02:05 BST
      Greece Looks To Boost Economy With Tourism

      With their country ravaged by the effects of a crippling austerity drive, Greeks are keen to maintain their historically strong tourism industry.In a bar in Corfu the owner jokes with British tourists ...

    • Facebook Shares Plunge Sharply For Second Day Sky News - Wed, May 23, 2012 01:38 BST
      Facebook Shares Plunge Sharply For Second Day

      Facebook shares have opened down on their third day of being listed, falling around 8% in US early trading.The shares continued to drop below their debut price of $38 (£24), at one point reaching just ...

    • First Drop In M&S Profits For Three Years Sky News - Tue, May 22, 2012 21:59 BST
      First Drop In M&S Profits For Three Years

      Marks & Spencer has revealed pre-tax profits have declined for the first time in three years to £706m for the 12 months to April.Total sales climbed 2% to £9.9bn and although sales of food grew by 2.1% ...

    • Greek Left Party Pledges To Keep Euro Sky News - Tue, May 22, 2012 21:53 BST
      Greek Left Party Pledges To Keep Euro

      Greece would remain in the eurozone if the radical left were to win the upcoming elections, Greek anti-austerity leftist leader Alexis Tsipras has said.Speaking while on a visit to Berlin, the leader of ...

    • IMF Gives Stark Warning To UK Over Eurozone Sky News - Tue, May 22, 2012 18:46 BST
      IMF Gives Stark Warning To UK Over Eurozone

      Britain may have to cut interest rates and VAT to stimulate the economy amid the eurozone crisis, the International Monetary Fund has warned.But the IMF backed the UK's deficit reduction plan, saying "substantial ...

    • Inflation Falls To Lowest In Over Two Years Sky News - Tue, May 22, 2012 18:32 BST
      Inflation Falls To Lowest In Over Two Years

      UK inflation fell to its lowest level in more than two years last month, providing some welcome relief to household budgets, official figures have shown.The Consumer Price Index (CPI) rate of inflation ...

    • Scotty's Ashes On First Private Space Launch Sky News - Tue, May 22, 2012 17:47 BST
      Scotty's Ashes On First Private Space Launch

      US company SpaceX has become the first commercial outfit to send its own spacecraft toward the International Space Station with the launch of the cargo-bearing Dragon capsule.On board the flight are the ...

    • Electricity Bills Set To Rise Under New Plans Sky News - Tue, May 22, 2012 16:48 BST
      Electricity Bills Set To Rise Under New Plans

      Families will have to pay more for their electricity to fund the development of nuclear and renewable energy, under changes set out in a draft Energy Bill.The Government is depending on nuclear power as ...

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